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Monday, June 3, 2019

Jay-Z Is Officially Hip-Hop's First Billionaire, According To Forbes

Image may contain: 2 people, people smiling, textThe Brooklyn-born rapper and mogul, whose real name is Shawn Carter, has amassed a fortune worth $1 billion, according to Forbes, "making him one of only a handful of entertainers to become a billionaire — and the first hip-hop artist to do so." Jay-Z's sprawling business empire includes stakes in liquor, art, real estate and big-name companies like Uber. The 22-time Grammy winner also launched his own brands, including the clothing label Rocawear, which was sold to Iconix for more than $200 million in 2007.
The relatively short list of entertainment industry billionaires also includes "Star Wars" creator George Lucas, Oscar-winning director Steven Spielberg, lifestyle guru Oprah Winfrey and retired NBA star Michael Jordan, according to
a list published last year by Forbes.
Forbes said it calculated the artist's net worth by evaluating his positions in private companies, adding up his income and subtracting "a healthy amount to account for a superstar lifestyle." The magazine added that it ran its numbers by outside experts to make sure its estimates were "fair and conservative."
Jay-Z, 49, and his wife, pop superstar Beyoncé, officially became a billion-dollar pair in 2017 with a combined net worth of more than $1.16 billion. Beyoncé, 37, has an individual net worth of more than $350 million, according to Forbes calculations.
The hip-hop star who comes closest to Jay-Z is Diddy, with an estimated net worth of $825 million.

GUYS, WHAT DO YOU THINK?

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FACEBOOK COMMENTS

Olu Mo Zay

Jay boss
I love this man mhen

William Ogbebor

What we heard or got as a piece of information from this bloggers some years ago was that Dr dre was the first hip hop billionaire, he attained such status when he sold his beat by dre franchise. But how come we are getting a later information that contradict that
Edited1

Endy Edeson

Guys, it feels good when business pays. This is a confirmed report by forbes. That of Dre was perception

Lucky Blings

Jay z boss man
Image may contain: 2 people, people smiling, text
1

Oluwatoyin Obanla

Am proud of my cousin Jay-Z. Success runs in our family😃😃😃😃. That's how we roll mehn!!!!!!!!
1

Chibuike Gabriel Chineke

May God bless him more.
1

Wisdom Bryan

That's jay boss for you, l love that nigga
1

Travis Young Young

If you think Jay Z playing- go listen STORY OF OJ, please don't die over the neighborhood that your mama renting, you wanna know what's important than throwing money in the strip club? he said financial freedom my only hope fuck living rich and dying broke,
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